The Fed's Targets Haven't Changed Much

Katherine Rooney Vera is Chief Investment Strategist, Bull tick capital markets. She says the tightening of lending standards will aid the Fed in its goal to get inflation lower and perhaps take 25 to 50 basis points off the table that they may otherwise have increased. "It's a bit of a wake-up call because our strains caused by the cost of borrowing going up and an inverted yield curve which has made life very difficult"